Using Correlations in Forex Trading | Winners Edge Trading

Correlations in the FOREX Market - UFX.com Blog

The correlation coefficient highlights the similarity of the movements between two parities. If the correlation is high (above 80) and positive then the currencies move in the same way. If the correlation is high (above 80) and negative then the currencies move in the opposite way.

Forex Correlations - Forex Experts

Correlation Forex Trading

Statistically measured by performance, currency pairs are given so called "correlation coefficients" from +1 to -1. A correlation of +1 means two currency pairs will move in the same direction 100% of the …